What is supplier freight quote in SAP TM - Transportation Management?

SAP Term: supplier freight quote

• Component: TM

• Component Name: Transportation Management

• Description: An offer from a supplier, from the customer's perspective, for the transportation of goods from one or multiple ship-from parties to one or multiple ship-to parties with requested terms and conditions.

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• Key Concepts: 
  Supplier Freight Quote is a feature of SAP Transportation Management (TM) that allows customers to request and receive freight quotes from their suppliers. The customer can then compare the quotes and select the most cost-effective option. The supplier freight quote feature also allows customers to track the status of their quotes and manage their freight costs more efficiently. 
  
  How to use it: 
  To use the supplier freight quote feature, customers must first create a request for a quote. This can be done through the SAP TM user interface or via an API call. Once the request is created, customers can then send it to their suppliers. The suppliers will then respond with their quotes, which can be compared and evaluated by the customer. 
  
  Tips & Tricks: 
  When creating a request for a quote, it is important to provide as much detail as possible about the shipment. This will help ensure that suppliers are able to provide accurate quotes that meet the customer’s needs. Additionally, customers should consider using multiple suppliers when requesting quotes in order to get the best possible price. 
  
  Related Information: 
  For more information about the supplier freight quote feature in SAP TM, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature effectively.